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Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)
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Re: Treasury Bills In Nigeria by lizzypro: 11:53pm On Jul 09, 2019 |
About the withdrawals is it to only the bank uour bvn is related to. Like can you withdraw to another account not related to that bvn Ibrahim505: |
Re: Treasury Bills In Nigeria by dipoolowoo: 1:23am On Jul 10, 2019 |
T-Bills Yield Gains 0.08% on Absence of Liquidity Mop up by CBN https://businesspost.ng/2019/07/10/t-bills-yield-gains-0-08-on-absence-of-liquidity-mop-up-by-cbn/ |
Re: Treasury Bills In Nigeria by Nnamz(m): 2:53am On Jul 10, 2019 |
Jobac: TissuePaper: For you to mention 10 million like that, it means you see that amount as huge. For you to see that amount as huge, you must be wallowing in absolute misery. No wonder at your old age you are still trying to figure out what to do with your life. I bet the poverty cycle in your family won't stop with you; you will pass it on to your children and your children will pass it on to theirs. You TissuePaper are a poor man. We are not, and NEVER will be on the same level. Go and make money! 10 million is change but I bet you will never understand that statement. 2 Likes |
Re: Treasury Bills In Nigeria by TissuePaper: 2:59am On Jul 10, 2019 |
Nnamz:smh...it took this baboon 5days to reply me on a matter that i have forgotten about, shows how pained you are,lol I am not stopping you from bragging about your father and his imaginary millions, we all know your father is the owner of kainji dam 8 Likes |
Re: Treasury Bills In Nigeria by Nnamz(m): 3:03am On Jul 10, 2019 |
TissuePaper: Unlike you who lives on Nairaland cause what else will a jobless man who is still trying to figure out his area of specilazation in school be doing, I work and make money and only come here like once a week to catch up. Go and make money like your mates are doing. 3 Likes |
Re: Treasury Bills In Nigeria by TissuePaper: 3:06am On Jul 10, 2019 |
Nnamz:oga if you are so keen on knowing if i actually make money then pm me let me show you my account balance. Its obvious you are still a small boy, you can go back to bragging about your father's millions that are only real in the dreamworld 5 Likes |
Re: Treasury Bills In Nigeria by Nobody: 5:50am On Jul 10, 2019 |
All of you know that what you are doing is wrong, consider other members of the thread. This discuss is not beneficial in anyway so always think of others. Am not comfortable with I-invest and I said so and we tried ironing it out here but it snowball and I announced my 3 months band from TBills, recently, the I_invest fever has emerged but I date not argue, not because am comfortable but because I don't want to waste space. This back and forth attacks is childish as it remains virtual. Your father had billions, his father don't have millions, you are all right, we agree. Can we move on. 18 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 7:00am On Jul 10, 2019 |
Can nairaland create a fighting section so that people that want to fight virtual cos humans must fight 13 Likes |
Re: Treasury Bills In Nigeria by olusogo1(m): 8:01am On Jul 10, 2019 |
I enjoy this thread minus the virtual fight, I have learnt a lot from here and thanks to God I can feel the growth already. Thanks for keeping us informed. Diversification is the key to financial freedom. 2 Likes |
Re: Treasury Bills In Nigeria by missjekyll: 8:31am On Jul 10, 2019 |
I think I just lost 2 points off my IQ from this unbelievably childish exchange of words. Wetin de pain me na say the yab sef no make sense at all. The last time I heard this was in primary school,I kid you not. Mtchew #i am very angry at all this. Abeg wey all the great minds here? Let's discuss business and leave these children alone. 5 Likes |
Re: Treasury Bills In Nigeria by NL1960: 8:42am On Jul 10, 2019 |
missjekyll: Whenever i see all these, i dey run go hide o as e be say my late Papa na palmwine tapper. Where palmwine tapper wan see thousands not to talk of millions and then billions. 1 Like |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 8:50am On Jul 10, 2019 |
Hmmm |
Re: Treasury Bills In Nigeria by Magnifico2000: 11:30am On Jul 10, 2019 |
Please what is the current TB rates? It is been long I did it when rates were 13-15% Please help a potential investor. |
Re: Treasury Bills In Nigeria by Magnifico2000: 11:38am On Jul 10, 2019 |
Bamz:The rates have really gone down. Can I get a rate of say 13-14% for 90 to 180 days? |
Re: Treasury Bills In Nigeria by Amebo123: 11:49am On Jul 10, 2019 |
Magnifico2000:I don't understand you, you just confirm say the rate don go down. And you are asking for 13 - 14% for 90 - 180 days where you wan see am? 6 Likes |
Re: Treasury Bills In Nigeria by Magnifico2000: 11:55am On Jul 10, 2019 |
Amebo123:Lol. It is been long I did TB. What's the prevailing market rates now? |
Re: Treasury Bills In Nigeria by Magnifico2000: 11:59am On Jul 10, 2019 |
I need to make an investment decision promptly. |
Re: Treasury Bills In Nigeria by CompareDBest: 12:05pm On Jul 10, 2019 |
Magnifico2000:Depends on the market, your bank and whether you want interest upfront. Last primary market auction rates ranged from 10.5% for 91 days to 11.91% for 364 days: https://www.cbn.gov.ng/rates/GovtSecurities.asp . In the secondary market you can get from 8.5 - 11.85% if you want upfront interest, but up to 12.55% if you can tolerate the awful, heart wrenching spectacle of getting interest at maturity using the I-Invest app : http://comparedbest.com/ng/best-nigerian-treasury-bill-rates.html That last part was sarcastic...We have worked out that 12.55% at maturity equates to about 11.15-11.16% interest upfront. 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 12:09pm On Jul 10, 2019 |
CompareDBest: I-invest had 13.3% for a 70-something days tenor up to 3 days ago. |
Re: Treasury Bills In Nigeria by Magnifico2000: 12:11pm On Jul 10, 2019 |
CompareDBest:Lol.. I got ur sarcasm. Please can u explain how the I-invest app works. Where would the principal go, and where is the interest coming from. |
Re: Treasury Bills In Nigeria by Tonygate: 12:14pm On Jul 10, 2019 |
[quote author=TotoNaRubber post=80055797]The court case is very tiring and decision making takes time plus expenses. I have been constantly told by relatives to come and build a hostel in a remote area where a self contain goes for N60k/year. Building a 30 units self con will cost 40 million minimum. Then it will take 22 years to recover the 40 million expenses and from the 23rd year i should be expecting profit. I haven't factor the cost of repairs and any reconstruction which could push my profit year to start from the 25th year. I told them my analysis and they were all shocked and said "Chai" � I haven't factor in the exposure that comes with building, people start to know your worth when you start a housing project, they will bring all their problems to you. (you are right ] |
Re: Treasury Bills In Nigeria by Magnifico2000: 12:14pm On Jul 10, 2019 |
koonbey:Wow.. what are the risks attached to it. I know the risks of TB. |
Re: Treasury Bills In Nigeria by Bamz(m): 12:26pm On Jul 10, 2019 |
Magnifico2000: Um with mutual funds I think it's a possibility. CompareDBest already treated this. |
Re: Treasury Bills In Nigeria by CompareDBest: 12:26pm On Jul 10, 2019 |
Magnifico2000:Likely reinvested into treasury bills and they are taking a margin off your investment by giving you the returns at maturity, not upfront. For example, we worked out that the 12.55% interest they offer at maturity works out as 11.15-11.16% upfront. Please see their own words in the FAQ section at the bottom of this page: https://i-investng.com/ 3 Likes |
Re: Treasury Bills In Nigeria by Magnifico2000: 12:34pm On Jul 10, 2019 |
CompareDBest:From the response you gave, I have been able to deduce that I-invest interest will be gotten at the maturity date. I would prefer an upfront interest. |
Re: Treasury Bills In Nigeria by Magnifico2000: 12:35pm On Jul 10, 2019 |
Bamz:Yes he treated it but I am yet to know the risks invovled with I-invest |
Re: Treasury Bills In Nigeria by Nobody: 12:43pm On Jul 10, 2019 |
Magnifico2000: It has been discussed extensively on this thread. Use the search bar at the top of this page. Search "I-invest", "iinvest" and other variations you can think of. You'll be able to see all the posts that have been made about it. 1 Like |
Re: Treasury Bills In Nigeria by Amebo123: 12:46pm On Jul 10, 2019 |
Magnifico2000: 10 - 11% Hopefully the rate go increase soon |
Re: Treasury Bills In Nigeria by Magnifico2000: 12:48pm On Jul 10, 2019 |
Amebo123:What are the trends that can make it to increase. |
Re: Treasury Bills In Nigeria by Magnifico2000: 12:52pm On Jul 10, 2019 |
koonbey:I have searched thoroughly but still can't see it. Please kindly mention me on the risks attached to it. Or refer me to the link |
Re: Treasury Bills In Nigeria by Amebo123: 12:53pm On Jul 10, 2019 |
Magnifico2000:Liquidity. Too much cash chasing Tbills, always over subscriped. if CBN succeed to mop up cash in circulation then rates might increase - demand and supply. Also if Oil price falls meaning less money for FG, they will need more money from the public thru Tbills to cover the short falls 1 Like |
Re: Treasury Bills In Nigeria by CompareDBest: 1:00pm On Jul 10, 2019 |
Magnifico2000:See Barrytone's negative experience: https://www.nairaland.com/878880/treasury-bills-nigeria/732#76905799 . This is the only negative one we remember, and there have been a number of positive experience. However, it highlights one risk as you have requested. 2 Likes |
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